Elon Musk Net Worth

Elon Musk net worth is estimated at $ 12 billion. He is an entrepreneur and engineer who started computer programming when he was just ten years old.
Musk was able to sell his first commercial computer at 12 years old. Zip2 was the first company that he founded but was subsequently purchased by AltaVista for $340 million in cash and also stock to which it became contributory factor to Elon Musk net worth.
Later, he co-founds other companies like Tesla Motors, SpaceX, and also PayPal. It was in October 2002 when eBay acquired PayPal for $1.5 billion. His 11.7% earned him a $165 million payday. More so, he is currently the Chief Executive Officer of SpaceX, Tesla, and SolarCity. Currently, he owns about 28% of Tesla and as of August 2013 has a market cap of $18.1 billion. This means that his stake at the aforementioned company is worth more than $5 billion and this is where the bulk of Elon Musk net worth came from..
This billionaire was born in Pretoria, South Africa to a Canadian mother and also a South African father. He taught himself computer programming and sold the computer code for a video game called Blastar for $500 when he was 12 years old.
He used to go to Pretoria Boys High School and moved to Canada in 1988 at 17 years old. He relocated to the said country after his mother got a Canadian citizenship. Musk decided to move to Canada for several reasons. One was to avoid service in the South African military and second was that he thought it would be easier to emigrate to the United States from Canada than from South Africa.
Musk graduated from the University of Pennsylvania bearing the Bachelor of Science degree in business and a second Bachelor of Science degree in Physics - a start which became crucial to the growth of Elon Musk net worth. He eventually moved to California to pursue a Ph.D. in Applied Physics at Stanford but left the program after two days in order to pursue his entrepreneurial aspirations in the areas of the Internet, renewable energy plus outer space.

"I think that's the single best piece of advice: constantly think about how you could be doing things better and questioning yourself."

"I think it's very important to have a feedback loop, where you're constantly thinking about what you've done and how you could be doing it better."

"I've actually made a prediction that within 30 years a majority of new cars made in the United States will be electric. And I don't mean hybrid, I mean fully electric."